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Make Money by Online Trading

According to the Equality and Human Rights Commission, women in the United Kingdom are paid 15.5 percent less per hour than men. Men dominate the most highly-paid positions, while women are prevalent in those that are the lowest-paid. The difference is lower than in previous years, but still very significant. The gap is widest in the arenas of finance and insurance and in the regions of London and the southeast of England. So how do women fare with spread betting?After all, trading platform cannot be sexist. Around 10 percent of the customers of Finspreads are women, and City Index disclosed that trades placed by females increased by 194 percent since 2007. Spread betting fits perfectly with the life of a stay-at-home mother.

Sally Nicoll, author of a highly-successful telling of her introduction to spread betting, Bets and the City, famously said that women are better at spread betting than men because they are less greedy and more thorough in their research. She says it is crucial to know when to take a profit and exit a market, and men “tend to hang on a bit too long.” Few people would doubt that men hate to be wrong. Vince Stanzione is a famed figure in the world of financial spread betting who profits greatly from his trades and has given much spread betting advice, and he agrees with Nicoll about research. Women, he says, spend more of their time researching before trading and asking questions and are less likely to place their trust in a news headline or market guru. He says that women consequently sometimes enter a trade later, but have a more profitable time of it.

Vince Stanzione wrote a 200-page book called Making Money from Financial Spread Trading. He said that many men who buy it go straight to the pages describing the trading system and ignore the remainder. There is a trading quiz whose answers are elsewhere in the book, and many men email him to say the answers are not present in their copy. Stanzione says that women read the manual, are more likely to email for help and keep better trading records.

Stanzione also says that women are much more disciplined and less prone to panic than men. Men, he says, panic because they have overextended their accounts and left precious little margin for error, which are such masculine things to do. Stanzione says female traders never risk all on a single trade.

According to Stanzione, women are more selective with fresh trading opportunities while men jump in and trade merely because they wish to be part of the action.

Stanzione says that a trader cursed with a penis can still prosper if he can only think like a woman.

This was posted in Bdaily's Members' News section by Jack .